ZuluGuard™ Details

Table of Contents

What is ZuluGuard™?

It is there to protect your Equity by always monitoring your account, secure your profits and minimize any potential losses! *

Why would I need a safety net?

Although most Traders typically provide consistent and profitable strategies, sometimes even the best ones can get things wrong! If that happens, we want you to be able to secure your realized profits and minimize potential losses – and ZuluGuard™ can offer you just that.

ZuluGuard™ will automatically monitor your account and the performance of each Trader for you, every second, even when you’re not online! If ZuluGuard™ detects any significant changes in a Trader’s performance, it will step in and protect your account.

All you need to do is set your own risk allowance, the exact parameters of how much exposure you wish to allow in your account prior to ZuluGuard™ taking action!

How does ZuluGuard™ work?

Forex

ZuluGuard™ monitors 3 different trading aspects of a Trader in your account, at levels set by you!

Capital protection

Simply tell ZuluGuard™ up to how much you can afford to lose from a Trader – when this amount is reached, ZuluGuard™ is triggered!

For example if you set Capital Protection to $500, in case the Trader is losing $500 in your account, ZuluGuard™ will step in. Note here that losses can occur to Traders that are profitable overall. So in the same example if the Trader has closed trades that have a PnL of $2,000 in your account and his next trade has floating losses of -$500, then ZuluGuard™ will step in, and secure profits of $1,500! So your Equity is always monitored and protected!

ZuluGuard Take Profit

Simply tell ZuluGuard the monetary amount you wish to secure! When this profit is reached, ZuluGuard™ will be triggered!

For example: You set ZuluGuard Capital Protection at $1500 and Take Profit at $800. If the Trader has a total PnL (total PnL = realized + floating) that reaches your Take Profit value, ZuluGuard will step in, close all trades and disable the Trader, securing your profit of $800.
Note: You will be able to re-enable the Trader at any moment by re-setting ZuluGuard in your account.

Capital Protection Notification

Get notified when your Used Capital (realized plus floating PnL) reaches a specified percentage of the Capital Protection amount you have set for this Trader.

Example: You set ZuluGuard Capital protection at $1500 and you set the notification option at 50%. If the used capital for your Trader reaches 50% (- $750) of the Capital Protection amount you have set ($1500), you will receive an email inviting you to monitor closely your account and ZuluGuard Settings for this Trader.

Single trade protection

Simply tell ZuluGuard™ the lowest point you can allow for each trade to reach – when any trade of the Trader reaches this threshold in your account, ZuluGuard™ is triggered!

For example, if you set Single Trade Protection to 200 pips, in case a trade of this Trader reaches a low of -200, ZuluGuard™ will take action.

Max open trades protection

If the Trader opens more trades than the number you have specified at the same time, ZuluGuard™ will detect this and take action.

For example, a Trader so far has opened up to 8 trades at the same time and you allow him to open up to 10 as an acceptable increase of simultaneously open trades. In case he opens 11 at any point, or any other allowance more than the 10 you have set, ZuluGuard™ will be activated.

Binary Options

ZuluGuard™ will constantly monitor the performance of the Trader against the total amount you wish to invest when following this Trader's strategy and ensure that this will be the maximum amount you will ever risk from this Trader!{0}
Once the Trader can risk more than your specified amount, ZuluGuard™ will step in and protect your account.

So how exactly ZuluGuard™ protects my account?

Forex

Once ZuluGuard™ detects that your allowances have been exceeded, it takes actions according to your needs. So you set up ZuluGuard™ to do what you want and when you want it.

Close all Trader's trades

ZuluGuard™ closes all the currently open trades of the Trader in your account.

Disable the Trader

ZuluGuard™ disables the Trader so that he cannot open any new trades in your account.

Replace the trader with equal or better ZuluRanked Trader

ZuluGuard™ adds to your portfolio a new Trader of equal or better rank, that you need to authorize before you can accept trades from his signals.

Binary Options

Once ZuluGuard™ detects that your total amount allowance is about to be reached with the next option placed at your account, it takes action to ensure your maximum risk will not be exceeded.

Actions to take

Once your maximum allowance has been reached, the Trader will be disabled from your portfolio, and will not place any new trades at your account.

Sounds useful! How do I set ZuluGuard™?

Setting up ZuluGuard™ is very easy!

You can enable and customize ZuluGuard™ either from your Dashboard or from your Settings tab.

Dashboard

Portfolio Settings

Simply click on the shield and review/amend your ZuluGuard™ settings for each of your Traders.

The gray ZuluGuard™ shield indicates you have not set any ZuluGuard™ protection for this Trader yet. The orange ZuluGuard™ shield indicates you are protected by ZuluGuard™!

* Important Disclaimer: In volatile, or fast moving market conditions, ZuluGuard closing signals will be filled at the prevailing market price, which may be vastly different from the desired price. Due to this, there may be substantial losses, as ZuluGuard does not always guarantee the desired Protection.

Programs

Features

This site is not intended to be a solicitation of transactions to customers living in the United States of America.

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in the foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market. No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss.

The hypothetical performance results displayed on this website are hypothetical results in that they represent trades made in a demonstration (“demo”) account. Transaction prices were determined by assuming that buyers received the ask price and sellers the bid price of quotes Zulutrade receives from the Forex broker at which a Signal Provider maintains a demo account. The hypothetical results do not include any additional mark-ups or commissions which may be charged by a customer’s Forex broker and are based on a one lot trade size. Trades placed in demo accounts are based on a Signal Provider having access to an unlimited amount of funds. As a result, demo accounts are not subject to margin calls and have the ability to withstand large, sustained drawdowns which a customer account may not be able to afford. Trades placed in demo accounts are not subject to price slippage which may occur when a signal is actually traded in a customer account. The number of pips gained or lost by each Signal Provider may be based on the trading of mini, micro or standard lots. The performance of customers electing to trade a different lot size from those used by a Signal Provider will therefore vary. Further, customers may place trades independent of those provided by a Signal Provider or place customized orders to exit positions which differ from those of a Signal Provider. All performance results presented only include the results of completed trades and do not reflect the profit or loss on open positions. Due to differences in the bid/ask offered by various counterparties, all trades executed in the account of a Signal Provider may not be executed in a customer account if the bid/ask of the Forex broker at which the customer maintains the customer’s account is different from that of the Signal Provider’s broker or due to volatility in the market. Customers may elect not to follow all of the trading signals provided by the signal providers or be able trade the recommended number of contracts due to insufficient funds in an account. Therefore, the results portrayed are not indicative of an account which may have traded all a Signal Provider’s signals or contracts. Further, by electing to follow a number of different Signal Providers at one time, customers may not be able to follow all of the signals generated due to the customer’s account having insufficient funds. Accordingly, the performance of customer accounts may vary signicantly from the results portrayed on this website.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

[1] The Futures Commission Merchant ("FCM") and ZuluTrade are compensated for their services through the spread between the bid/ask prices or there may be a cost to initiate a trade through the bid/ask spread. Signing up is totally free, and there is NO contract and NO monthly fees, ever.

[2] Past performance is not indicative of future results. This website does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk involved with trading Forex investments and consult an investment professional before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. The performance results displayed on this website are hypothetical in that they represent trades made in a demonstration ("demo") account. The trades placed in the demo account take into consideration the spread between the bid and ask prices which would have been paid by a trader if an actual trade was made. Transaction prices were determined by assuming that buyers received the ask price and sellers the bid price of quotes provided by a large Forex broker.